Los Angeles
Los Angeles County—the ultimate hub for culture, industry, and diverse communities—continues to demonstrate its magnetic appeal despite economic shifts. The data for September 2025 reveals a complex market that is settling into a more balanced rhythm, providing buyers with much-needed inventory while maintaining impressive financial momentum for sellers. The overall market tone is stable, price-sensitive, and characterized by active engagement from serious, well-prepared participants.
September saw a substantial influx of 6,296 new listings hit the market, contributing to a healthy total of 16,864 active listings countywide.
This high level of active inventory is a significant win for buyers, offering them a broader selection of homes than has been typical in recent years. This expansion of choice lessens the immediate pressure of competition and signals a welcome normalization from the frenzied supply shortages of the past. For sellers, while the competition is higher, the sheer number of active listings confirms that homeowners are willing to transact, making professional presentation and strategic pricing paramount.
The pipeline of new business included 2,630 pending sales, and the month closed with 4,141 transactions finalized.
The robust number of closed sales (over 4,100) confirms that transactions are moving through the escrow process efficiently, underscoring the resilience of buyer commitment in LA County. The lower number of pending sales indicates that while buyer demand is present, it is currently moderated, likely due to elevated borrowing costs. This suggests a more discerning buyer pool focused on value and specific criteria.
The total closed transaction volume for Los Angeles County in September reached an extraordinary $10,699,401,800.
Crossing the $10 billion mark in a single month solidifies Los Angeles County's standing as one of the world's premier real estate investment destinations. This massive volume is a powerful indicator of market confidence, not only in the high values commanded by its luxury segments but also in the steady, high-dollar velocity of sales across the entire county.
The average time a property spent on the market before closing stood at 40 days.
An average Days on Market (DOM) of 40 days is indicative of a market that has transitioned from hyper-speed to a more conventional pace. For buyers, this allows adequate time for inspections, appraisals, and thoughtful decision-making—a noticeable advantage over the rapid-fire market of a couple of years ago. For sellers, 40 days confirms that while the house won't necessarily sell overnight, a correctly priced, well-presented property is still attracting timely, qualified offers.
The median sales price for all property types in LA County reached $915,000.
This median price reflects the continued, high valuation of real estate across the county's vast and varied neighborhoods. The figure is a strong testament to the long-term appreciation trend in LA County, even in the face of affordability challenges. While the median remains high, it represents a composite of everything from entry-level condos to multi-million-dollar estates, affirming that property values are stable and serious capital is at play.
September’s data illustrates a Los Angeles market defined by stability, strategic inventory growth, and robust high-end transaction activity.
For Buyers: The expanded inventory and 40-day average on market grant you an advantageous position not seen in years. This is a time to be patient, perform thorough due diligence, and use your pre-approval to negotiate effectively on price or terms. Leverage the increased supply, but be ready to act quickly when a truly turnkey property in a desired neighborhood appears.
For Sellers: You benefit from a $10.7 billion market, but you must earn your sale. The market is rewarding accurate pricing. To achieve a 40-day close, your home must be immaculate, professionally marketed, and priced in alignment with recent neighborhood comps. Overpricing will lead to market fatigue; strategic pricing will lead to a swift, successful closing.
Whether you are looking for your first home or expanding your portfolio, success in the Los Angeles market hinges on navigating these data points with expertise. Connect with a local professional to tailor a strategy that turns these September trends into your next successful real estate move.
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